The rising demand for lithium used in batteries is exceeding supply. Current lithium brine extraction methods use solar evaporation ponds that take over a year to process. MGX Minerals has developed a technology to rapidly extract lithium in just 1 day, using efficient clean technology. MGX Minerals: The renewable energy company.
MGThey are leading the transition from fossil fuels to renewables through investments in battery commodities, extraction processes and clean technologies.
Petrolithium is a new approach that focuses on concentrating lithium and other elements from abundantly available wastewater (brine) that accompanies oil and gas production.
Long known to contain valuable elements, wastewater brine is plentiful, yet currently treated as a waste product that is either injected deep underground or stored in giant tanks after it is separated from oil.
Advantages:
- Ability to utilize existing O&G infrastructure
- Cleans brine while separating valuable minerals
- Allows for scalable capital deployment
- Simplifies permitting process
- Eliminates solar evaporation step